i think hn benefits mainly from the fact its backed by some big-name influencers whose activities are highly relevant to its target audience. their presence is essentially a feature of the site that provides value beyond ‘link aggregation and discussion’.. it’s a differentiating feature, and is one that’s very difficult one for a new entrant, like a subreddit, to overcome. it also probably helps a lot that hn predates reddit..
these other ‘hn-like’ sites have no such differentiating features, and that’s why i don’t see them ever taking-off.. and given that reddit already exists, they’re often competing against subreddits which benefit greatly in terms of visibility.